Business news

MINSK, 10 October (BelTA) – A lift of joint production will be displayed at the 5^th Forum of Regions of Belarus and Russia in Mogilev, BelTA learned from the Belarus 1 TV channel.

Several months ago an agreement was signed to set up a joint company between Mogilevliftmash and a Moscow company. The finished product will be released this year. Plans are in place to produce up to 10,000 lifts a year.

Mogilevliftmash actively cooperates with Russia’s Irkutsk Oblast. Joint companies have been set up in Nizhny Novgorod and St. Petersburg.

One of the digital economy sections of the forum will be held at Mogilevliftmash. There are plans to sign 16 agreements.